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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by wordlesson Jun 22, 2016 8:25pm
161 Views
Post# 24989341

RE:RE:RE:$50.00 target

RE:RE:RE:$50.00 target
This will be a $50 stock once the Company executes on a few quarters. We've only issued one quarter of results with Amco fully integrated.

In 7 weeks we will get Q2 results.  3 months after that we will get Q3 and if everything is firing as promissed by then, I'd be surprised if it wasn't a $50 stock in the next 6 months.

Reallistically, this could easily be a $65-$75 stock once the full year is released and guidance is confirmed int he next 9 months.  Even at $65-$75, it's a 6.5-8x P/E ratio, so barring any skelatons in the closet.  With the debt burden, I can't see it getting a higher P/E than that in the short term.

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